PUBLISHER: Allied Market Research | PRODUCT CODE: 1266536
PUBLISHER: Allied Market Research | PRODUCT CODE: 1266536
The global firewood market was valued at $878.5 million in 2021 and is projected to reach $1,489.1 million by 2031, registering a CAGR of 4.2% from 2022 to 2031. Europe was the highest revenue contributor and is estimated to reach $527.1 million by 2031, with a CAGR of 3.1%.
Any type of wood that is harvested and used as fuel is called firewood. In contrast to other types of wood fuel like pellets, firewood is typically not highly processed and is in some sort of recognizable log or branch form. There are two types of firewood: heat-treated and seasoned (dry) and unseasoned (fresh/wet). It is often categorized as either softwood or hardwood. A renewable resource is a firewood. On a local or regional scale, however, the demand for this fuel may exceed its capacity for regeneration. Local wood supply can be improved by good forestry practices and advancements in equipment that burns wood.
Currently, customers are demanding quality firewood, which is constantly growing. In addition, customers desire smaller firewood, especially when they use it as the main source of heat for their homes. Modern fireplaces and heaters are usually smaller, and therefore customers demand shorter and smaller-sized firewood. Furthermore, many firewood producers choose to rely on the traditional firewood drying method, which is natural drying, and, in most cases, this method works very well. Investing in artificial drying is also opted by professionals, which requires a shorter circulation time for the firewood or if the customers have special requirements regarding the quality and/or dimension of the firewood. Therefore, owing to the rising requirement the key players are stepping ahead to fulfill the demand-supply gap. Thus, fostering market growth.
Stoves that burn wood can get dirty if they aren't properly maintained. As the logs burn, they produce ashes that accumulate in the bottom of the wood-burning stove and must be routinely emptied to keep it safe to use. Ashes can get on the area surrounding the stove and make a mess if care is not taken when cleaning them. In addition, a lot of firewood is needed to utilize a wood-burning stove to properly heat a house or room. After being cut, the wood needs to be stored in an area where the logs can be stacked and shielded from the elements. If not, the wood can become moist, which would make it challenging to fire and burn. Many individuals find stacking and carrying wood inside to be a terrific workout, but it can be difficult for physically challenged people to perform. Inclement weather may be required to transport the logs if the covered wood storage facility is far from the house in order to deliver this fuel source to the stove or heater. Therefore, there is a decline in the need for firewood. hence impeding market expansion.
Campfire in a can is an innovation, majorly designed for campers or travelers. Everything needed for a great campfire and some camp cooking is contained within the can. This campfire easily transitions from campfire to cooking and back again. It uses a vertical burn chamber to burn wood and fire logs. The fuel is strategically positioned and burned in the upright position using burner inserts. The unique burner design brings together all the elements that make a great fire to produce a good old-fashioned, roaring campfire. The canister and base designs allow the fire to be extinguished quickly and safely by placing the canister over the base. When the canister is snapped, the fire is extinguished, and no smoke or debris can escape. The compact size makes it easy to store and transport once cool.
The firewood market is segmented on the basis of type, end user, distribution channel and region. By type, the market is classified into log wood, wood chips, pellets and forestry residues. By end user, the market is bifurcated into commercial and residential. By distribution channel the market is subdivided into hypermarkets/supermarkets, specialty stores, online sales channels and others. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia, Sweden, Netherlands, Denmark, Poland and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Thailand, Singapore, Indonesia, New Zealand, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Middle East, Saudi Arabia, Egypt, Nigeria and rest of LAMEA).
The players operating in the global market have adopted various developmental strategies including but not limited to product launches, geographical expansion, and acquisitions to increase their market share, gain profitability, and remain competitive in the market. The key players included in the market analysis are - Norestven Firewood, WOODBIOMA, Bois Belleau NV., PC WOOD - DERIVADOS DE MADEIRA,UNIPESSOAL LDA, UAB VLI TIMBER, EHLBECK & CORDES, Coal & Pallets , Firewood Fuel MK Ltd , Woodmill, Vli Timber, JB Firewood, Surefirewood, Pinnacle Firewood Company, Cornish Firewood and Lost Coast Forest Products.